In a short statement published on their website, Richemont has announced that Georges Kern has resigned, effective immediately. Kern, long time CEO of IWC was promoted to the prominent position of ‘Head of Watchmaking, Marketing and Digital’ for the entire Richemont group just four months ago. He has been seen by many as one of the leading figures in bringing luxury watchmaking into the digital age.
Richemont chairman, Johann Rupert made a statement on the surprise (if not shocking) departure:
“Georges has been offered an interesting opportunity to become an entrepreneur.
He has had a very successful career at IWC Schaffhausen and we wish him well.”
We’ll update you as this story unfolds.